The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.
Friday, October 9, 2015
"The Economy Is Weakening Fast - Buy Buy Buy!!!"
9:1 odds against a fourth quarter rally. Which is unfortunate because Wall Street needs a rally to save the year...
"When the market has been lower through the third quarter, the fourth quarter tends to follow on that weakness,"
